CDARS - Certificate of Deposit Account Registry Service

CDARS is the easiest, most convenient way to enjoy full FDIC insurance on deposit amounts greater than $100,000. Why is that? Because everything is handled through Stroud National Bank.

How does CDARS work?

When you’re ready to take advantage of CDARS, here’s what happens:

You enter into one agreement. You sign one simple Deposit Placement Agreement with us.

You select an interest rate and a maturity. Based on our current CD options, you decide on a rate and a maturity that best matches your investment goals.

Funds are deposited. Using CDARS, we submit your funds for placement at member banks.

CDs are issued. Member banks issue CDs in denominations under $100,000 so your entire investment is eligible for full FDIC insurance coverage.

Confirmation is received. You receive written confirmation of your deposits and a listing of all of your CDs.

That’s it! Using CDARS is just that easy.

Safe Deposit Boxes

For just pennies a day, a Safe Deposit Box is a secure place to store valuable items and important documents. It is only accessible to you or your designated representative. Boxes are available for rent in various sizes at all locations.

Direct Deposit

Sign up for Direct Deposit for your Social Security or payroll checks, and you won’t have to worry about lost, stolen, or undelivered checks. With direct deposit services your funds are immediately available in your checking or savings account without a trip to the bank.

Moneyline - 24 Hour Telephone Banking

With Moneyline you have 24 hour access to all your accounts. Call anytime to get information, make inquiries and get the current deposit rates. You can also use our 24 hour banking to make payments, transfer funds between accounts and review the most recent transactions on your account. Check here for your local Telephone Number.

Night Deposit

Make deposits after hours in our secure drop boxes, located at each office.

Other Services

Stroud National Bank offers a variety of additional services to meet your needs. The following is a list of other services. If you are looking for an additional service that is not on this list please Contact Us for more information.